International Letter Of Credit Law and Practice, 2012 ed.

This title provides a general summary of letter of credit law and practice for bankers, corporate letter of credit users, and attorneys who specialize in letters of credit globally. It encompasses international principles of law and practice, as codified in the United Nations Convention on Independent Guarantees and Standby Letters of Credit, and the international rules of letter of credit practice. It also addresses the domestic law of various nations, including the two jurisdictions that have codifications of letter of credit law, namely the United States and China, as well as caselaw in other countries.